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30 Cards in this Set

  • Front
  • Back
  • 3rd side (hint)

Wages

Paid to an employe based on hourly, daily, weekly rate

Salary

A fixed amount paid paid to an employ on regular intervals no matter how much work they do

Fee

A charge for a particular service provided by the income earner

Commission

Payment for selling goods or services.

Real estate agent

Commission

Payment for selling goods or services.

Real estate agent

Rent

A charge maid for the use of land or property

Commission

Payment for selling goods or services.

Real estate agent

Rent

A charge maid for the use of land or property

Dividend

Income received by the owners of shares in a company

Commission

Payment for selling goods or services.

Real estate agent

Rent

A charge maid for the use of land or property

Dividend

Income received by the owners of shares in a company

Royalty

Income received by writers and entertainers for the sale of books, recording and copyright.

Commission

Payment for selling goods or services.

Real estate agent

Rent

A charge maid for the use of land or property

Dividend

Income received by the owners of shares in a company

Royalty

Income received by writers and entertainers for the sale of books, recording and copyright.

Interest

Payment someone receives when they allow someone else to use their money

Admission fees

Income received by charging people to see something you own

Commission

Payment for selling goods or services.

Real estate agent

Rent

A charge maid for the use of land or property

Dividend

Income received by the owners of shares in a company

Royalty

Income received by writers and entertainers for the sale of books, recording and copyright.

Interest

Payment someone receives when they allow someone else to use their money

Admission fees

Income received by charging people to see something you own

Hire fees

Paid to owners of equipment by people who use the equipment for a certain time

Income received by others:

Gifts


Gambling


Legacies


Welfare benefits


Cash prizes

Cash

Yk cash

Cheque

The bank arranges for the money to move from one account to another

Types of payment

Debit card


Credit card


Prepaid card (gift cards)


Internet/phone transfer (online banking)


Mobile (pay pal)


Direct debit (previously authorised regular payment)


Automatic payment